DSP Banking & PSU Debt Fund

Q: What are the returns of this mutual fund scheme?

The DSP Banking & PSU Debt Fund is a 12 yrs 1 m old fund and has delivered average annual returns of 7.68% since inception. DSP Banking & PSU Debt Fund Returns 1-Year 3-Year 5-Year 10-Year Since Inception 7.31% 7.64% 5.8% 7.17% 7.68%

Q: How much does this mutual fund charge as expense ratio?

The DSP Banking & PSU Debt Fund has an expense ratio of 0.58% , representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

NAV as of Oct 20, 2025	Returns since inception	ET Money Rank	AUM (Fund size)
₹24.5526+0.04% 1 day change	7.68% p.a.	App exclusive #NA View Ranked Funds	₹4,282 Cr

Historical NAV & returns

NAV: ₹24.5526 as on Oct 20, 2025

This fund Category average

DSP Banking & PSU Debt Fund overview

AUM (Fund size)	₹4,282 Cr
Exit load	0%
Lock-in Period	Nil
Age	12 yrs 1 m since Sep 10, 2013
Benchmark	Nifty Banking & PSU Debt Index A-II
Min. investment	SIP: ₹500 & Lumpsum: ₹1000
Expense ratio	0.58% as on Sep 30, 2025
Plan type	Regular
Risk	Moderate
Tax on your gains	Profits are added to your income and taxed as per your slab rate

DSP Banking & PSU Debt Fund Returns calculator

Investment type

Monthly investment

₹ 10,000

Investment period

Lumpsum investment

₹1 lakh

Investment period

Disclaimer: Products compared like fixed deposits may provide fixed guaranteed returns. Mutual Funds investments are subject to market risk, read all scheme related documents carefully. Past performance is not an indicator of future returns.

Total investment ₹ 12 lakh
Profit ₹12 lakhs
Total corpus ₹1 lakh
Absolute return 52.69%

Trailing returns as on Oct 25, 2025

Period	This fund	Category average
1 Month	0.9%	0.76%
3 Months	1.13%	1.22%
6 Months	2.42%	2.95%
1 Year	7.31%	7.81%
2 Years	8.27%	7.96%
3 Years	7.64%	7.51%
4 Years	6.33%	6.26%
5 Years	5.8%	5.8%
7 Years	7.27%	7.16%
10 Years	7.17%	7.09%

Asset allocationas on Sep 30, 2025

Large Cap 0%

Mid Cap 0%

Small Cap 0%

Other Cap 0%

Top holdings

Bifurcation by Holding is not available for this fund

Top sectors

Bifurcation by Sector is not available for this fund

AAA 66.53%

SOV 18.85%

A1+ 13.82%

Cash & Call Money 0.53%

Top Debt Holdings

Power Finance Corporation Ltd. 7.34%

National Bank For Agriculture & Rural Development 4.31%

REC Ltd. 3.63%

Bharti Telecom Ltd. 3.42%

Allocation by Instruments

Debenture 31.42%

Bonds 23.799999999999997%

GOI Securities 12.469999999999999%

Certificate of Deposit 10.4%

Other Holdings

Others 0.48%

Detailed portfolio analysis

Peer comparison

Fund name	1M	6M	1Y	3Y	5Y	10Y
DSP Banking & PSU Debt Fund	0.9%	2.42%	7.31%	7.64%	5.8%	7.17%
ICICI Prudential Banking & PSU Debt Fund	0.77%	3.03%	7.98%	7.64%	6.29%	7.4%
Axis Banking & PSU Debt Fund	0.72%	3.09%	7.99%	7.39%	5.79%	7.22%
Bandhan Banking and PSU Fund	0.58%	2.89%	7.59%	7.3%	5.75%	7.17%
Sundaram Banking & PSU Fund	0.76%	3.07%	8.04%	7.69%	5.65%	6.66%
Aditya Birla Sun Life Banking & PSU Debt Fund	0.86%	2.92%	7.88%	7.59%	5.96%	7.46%

Fund name	Std. deviation	Beta	Sharpe	Sortino
DSP Banking & PSU Debt Fund	1.56	3.29	0.6	0.95
ICICI Prudential Banking & PSU Debt Fund	0.87	1.84	1.11	1.68
Axis Banking & PSU Debt Fund	0.99	2.42	0.72	1.26
Bandhan Banking and PSU Fund	0.92	2.39	0.72	1.22
Sundaram Banking & PSU Fund	1.08	2.64	0.92	1.69
Aditya Birla Sun Life Banking & PSU Debt Fund	1.13	2.58	0.78	1.17

Fund name	ETM Rank	AUM	Fund age	Expense ratio
DSP Banking & PSU Debt Fund	N.A.	4,282 Cr	12 yrs 1 m	0.58%
ICICI Prudential Banking & PSU Debt Fund	N.A.	9,744 Cr	15 yrs 9 m	0.73%
Axis Banking & PSU Debt Fund	N.A.	13,056 Cr	13 yrs 4 m	0.63%
Bandhan Banking and PSU Fund	N.A.	13,082 Cr	12 yrs 8 m	0.66%
Sundaram Banking & PSU Fund	N.A.	400 Cr	20 yrs 10 m	0.41%
Aditya Birla Sun Life Banking & PSU Debt Fund	N.A.	9,057 Cr	17 yrs 6 m	0.73%

View all Banking And Psu funds

Key risk & return ratios Compared to other funds in the category

Alpha	6.86 vs. 3.98 Higher outperformance against benchmark
Sharpe	0.6 vs. 4.44 Poor risk-adjusted returns
Beta	3.29 vs. 1.83 More sensitive to market's ups & downs
Standard deviation	1.56 vs. 1.06 More volatile performance

Compare DSP Banking & PSU Debt Fund in detail with

About this fund

About DSP Banking & PSU Debt Fund

DSP Banking & PSU Debt Fund is a Banking and PSU mutual fund scheme from Dsp Mutual Fund. This fund has been in existence for 12 yrs 1 m, having been launched on 10/09/2013. DSP Banking & PSU Debt Fund has ₹4,282 Crores worth of assets under management (AUM) as on 30/09/2025 and is medium-sized fund of its category. The latest Net Asset Value (NAV) of DSP Banking & PSU Debt Fund as of 20/10/2025 is ₹24.55. The fund has an expense ratio of 0.58%, which is higher than what most other Banking And Psu funds charge.

DSP Banking & PSU Debt Fund returns of last 1-year are 7.38%. Since launch, it has delivered 7.70% average annual returns. The fund has doubled the money invested in it every 11 yrs.
DSP Banking & PSU Debt Fund scheme's ability to deliver returns consistently is lower than most funds of its category. Its ability to control losses in a falling market is low.
The fund's credit profile is very high indicating it has lent to borrowers whose quality is excellent. Most funds in this category lend to better borrowers and hence the risk of default in this fund is higher than the category.
The fund's top holdings are in Power Finance Corporation Ltd., National Bank For Agriculture & Rural Development, REC Ltd., Bharti Telecom Ltd., GOI.

...

Fund AUM	4,282 Cr as on Sep 30, 2025
Scheme document	View Scheme Document

Fund managers

Shantanu Godambe

Mr. Godambehas done B.Com, MS (Finance) and CFA Prior to joining DSP Mutual Fund, he has worked with Yes Bank, Prebon Yamane and ICAP India Private Limited

Sandeep Yadav

Mr. Yadav is a Computer Engineer (Pune University), PGDBM (IIM Bangalore) and a CFA chartered holder. Prior to joining DSP, he has worked with Cognizant Technologies, Hughes Services and Mahindra British Telecom.

Investment objective

The Scheme seeks to generate income and capital appreciation by primarily investing in a portfolio of high quality debt and money market securities that are issued by banks and public sector entities/undertakings.

DSP Mutual Fund details

No. of schemes	54 view all schemes
Total AUM	2,12,960 Cr as on Sep 30, 2025
Address	NATRAJ, Office No. 302-3rd Floor-Plot No. 194, MV Road Junction Western Express Highway, Andheri East Mumbai, 400069
Phone	1800-208-4499 / 1800-200-4499

More funds from DSP Mutual Fund

Fund name	ETM Rank	AUM	1Y	3Y
DSP Credit Risk Fund	N.A.	208 Cr	21.61%	14.88%
DSP Income Plus Arbitrage Omni FoF	N.A.	1,689 Cr	6.56%	11.06%
DSP Floater Fund	N.A.	521 Cr	7.97%	8.31%
DSP 10Y G-Sec Fund	N.A.	56 Cr	7.29%	8.19%
DSP Nifty SDL Plus G-Sec Jun 2028 30:70 Index Fund	N.A.	2,061 Cr	8.24%	8.16%
DSP Bond Fund	N.A.	317 Cr	8.23%	7.87%

See all Debt funds from this AMC

Frequently asked questions

What is the current NAV of DSP Banking & PSU Debt Fund?

The current Net Asset Value (NAV) of the DSP Banking & PSU Debt Fund plan is approximately ₹24.5526 as of Oct 20, 2025.

What are the returns of this mutual fund scheme?

The DSP Banking & PSU Debt Fund is a 12 yrs 1 m old fund and has delivered average annual returns of 7.68% since inception.

DSP Banking & PSU Debt Fund Returns

1-Year	3-Year	5-Year	10-Year	Since Inception
7.31%	7.64%	5.8%	7.17%	7.68%

How much does this mutual fund charge as expense ratio?

The DSP Banking & PSU Debt Fund has an expense ratio of 0.58%, representing the annual cost of managing and operating the fund. This fee is deducted from the fund's AUM while declaring the daily NAV, reducing investor returns.

What is the AUM or fund size of this mutual fund?

The DSP Banking & PSU Debt Fund currently has assets under management (AUM) or fund size valued at approximately 4,282 Cr as on Sep 30, 2025.

To whom does DSP Banking & PSU Debt Fund lend to?

The top 3 debt holdings of DSP Banking & PSU Debt Fund are as follows

Holding Name	Percentage of Portfolio
Power Finance Corporation Ltd.	7.34%
National Bank For Agriculture & Rural Development	4.31%
REC Ltd.	3.63%

What is the quality of borrowers this mutual fund scheme lends to?

The credit rating of the instruments in which the fund invests represents the quality of the borrower.

The DSP Banking & PSU Debt Fund allocation by credit quality is given below

Credit Quality	Percentage of Portfolio
AAA	66.53%
SOV	18.85%
A1+	13.82%

What is risk level of DSP Banking & PSU Debt Fund?

This is a Banking And Psu fund comes with Moderate risk.

Is there any lock-in period in this mutual fund?

No, this fund does not have any lock-in period.

How can I redeem my investments in DSP Banking & PSU Debt Fund?

Redeeming your investments in the DSP Banking & PSU Debt Fund is simple. If you have invested via ET Money, just log in to the app, go to the holdings section, and submit the redemption request.

If you have invested from anywhere else, you can go to the fund house website and put a request through it.

ET Money rank

App exclusive

in Banking and PSU

#NA

Return Outperformance: This fund has generated highest return amongst Banking and PSU funds in the last 10 Years.
Exit Load: This fund has no exit load.
Return/Risk: The fund is performing poorly than its category.